The sale of the Kirschner Mountain Development for $22M marks the largest in Realtor history, in the Okanagan. (Contributed)

The sale of the Kirschner Mountain Development for $22M marks the largest in Realtor history, in the Okanagan. (Contributed)

Kelowna mountain development sold for $22M

The sale of the 640-acre Kirschner Mountain development has made the history books

The sale of a mountain development in Kelowna has made the history books.

After selling for $22 million, the recent sale of the Kirschner Mountain development to a Manitoba buyer marks the largest ever MLS real estate deal in the Okanagan.

The development, located in southeast Kelowna, has been on the market since late 2019. It was co-listed and sold on behalf of the Kirschner family by longtime Okanagan Realtor Mark Boppre, and Century 21 Realtor, Max Carbone.

The history of the 640-acre property stretches back to 1958 when the family bought it with the intention of turning it into a ranch. In 2003 they established Kirchner Mountain Development, and in 2019 part of the land was allocated for future single-family homes.

The remainder of the property is projected to be used for the development of residential and commercial mixed-use buildings.

“We’re excited to see what the future holds for Kirschner Mountain and are extremely proud our family is part of the heritage and legacy of our community,” said Alan, the eldest of the Kirschner brothers.

Century 21 explained in a statement on Jan. 19 that the Okanagan Valley, “is one of Canada’s most desired and prosperous places to live.”

Kelowna, they say, is one of the hottest investment opportunities British Columbia has to offer.

Association of Interior Realtors CEO, George Greenwood, congratulated Boppre and Carbone on recording the largest MLS property sale in the association’s history.

“Transactions such as this are proof that demand for property in Kelowna and the surrounding communities where our members work in is growing at remarkable rates,” said Greenwood.

Do you have something to add to this story, or something else we should report on? Email: phil.mclachlan@kelownacapnews.com


 

@newspaperphil
Like us on Facebook and follow us on Twitter.

City of Kelowna

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Highway 5 pictured at Zopkios Southbound, Feb. 25 morning. (DriveBC)
Winter storm warning issued for Coquihalla, Highway 3

Up to 30 cm of snow expected by Friday (Feb. 26) morning

Every new portable added to a Central Okanagan school adds a $250,000 cost to the school district budget. (File photo)
Central Okanagan School District to seek greater public advocacy support

Trustees want ministry of education to address ‘dire straits’ regarding school space crunch

This historic photo is of Queensway Street in 1958, which used to be the off-ramp for the ferry to West Kelowna. To the right is the historic Willow Inn, which served as the Greyhound Bus terminal for years, in addition to being a popular restaurant and working man’s pub. It was also a strip bar and not exactly the tamest place in town. It once stood at 235 Queensway Ave. in Kelowna before being demolished in 2009. (Steven James photo)
A look back at Kelowna’s past

Queensway off-ramp circa 1958

Paul Lenz.
Top 40 over 40: Paul Lenz

Kelowna Chamber of Commerce hosts Top 40 Over 40 program

A nurse performs a test on a patient at a drive-in COVID-19 clinic in Montreal, on Wednesday, October 21, 2020. (THE CANADIAN PRESS/Paul Chiasson)
30 new COVID-19 cases, five more deaths in Interior Health

This brings the total number of cases to 7,271 since testing began

Dr. Bonnie Henry talk about the next steps in B.C.'s COVID-19 Immunization Plan during a press conference at Legislature in Victoria, B.C., on Friday, January 22, 2021. THE CANADIAN PRESS/Chad Hipolito
456 new COVID-19 cases in B.C., 2 deaths

Since January 2020, 78,278 have tested positive for the novel coronavirus in B.C.

Pivot Rx is a new downtown Vernon pharmacy that aims to combine face-to-face care with the latest technological offerings in pharmaceutical care. (Brendan Shykora - Morning Star)
New Vernon pharmacy takes ‘old-school’ approach to cutting-edge care

Pivot Rx has set up shop downtown in a building formerly home to MacKay’s Prescriptions for 40 years

Students from Summerland’s Okanagan College often posed for photographs on the Big Rock. The rock was on the northern slope of Giant’s Head Mountain. (Photo courtesy of the Summerland Museum)
Summerland’s Big Rock had been deposited during last ice age

Rock was once a prominent feature on Giant’s Head Mountain

“Support your city” reads a piece of graffiti outside the Ministry of Finance office. (Jane Skrypnek/News Staff)
Slew of anti-bylaw graffiti ‘unacceptable’ says Victoria mayor, police

Downtown businesses, bylaw office and Ministry of Finance vandalized Wednesday morning

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. (THE CANADIAN PRESS/Nathan Denette)
Vaccinating essential workers before seniors in B.C. could save lives: experts

A new study says the switch could also save up to $230 million in provincial health-care costs

The late Michael Gregory, 57, is accused of sexually exploiting six junior high students between 1999 and 2005. (Pixabay)
Former Alberta teacher accused of sexually assaulting students found dead in B.C.

Mounties say Michael Gregory’s death has been deemed ‘non-suspicious’

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

According to a new poll, a majority of Canadians want to see illicit drugs decriminalized. (THE ASSOCIATED PRESS)
Majority of Canadians think it’s high time to decriminalize illicit drugs: poll

More than two-times the B.C. residents know someone who died from an overdose compared to rest of Canada

Most Read